Stocks Soar As Dow, S&P 500 Score New Records


Stocks surged into the weekend, with the Dow scoring a record high and closing above 40,000 for just the second time ever. Not to be outdone, the S&P 500 turned in a record high of its own, while the tech-heavy Nasdaq bounced back from yesterday’s selloff to post a triple-digit gain. All three major indexes secured comfortable weekly wins, the Dow’s best in over two months and Nasdaq’s sixth straight, as investors cheered signs of a soft landing for the broader economy. closing summary july 12nyse nasdaq july 12Earnings July 12UVOL July 12

OIL PRICES RUN OUT OF WEEKLY STEAM
Oil prices fell today, helping black gold to its first weekly loss in five weeks.August-dated West Intermediate (WTI) crude shed 41 cents, or 0.5%, to settle at $82.21 per barrel. For the week, the loss came out to 1.1%. Gold prices cooled today, but held the $2,400 level. August-dated gold futures lost 0.1% to settle at $2,419.10 an ounce for the day. For the week, the safe-haven asset added 1%. More By This Author:Dow Up Over 300 Points; S&P 500, Nasdaq Resume RallyTech Rotation Sends Nasdaq To Worst Day Since 2022 S&P 500, Nasdaq Turn Sharply Lower After Extending Records

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